{
  "id": 6658722,
  "title": "Hong Kong home prices headed for 15% gain this year, Midland forecast says",
  "url": "https://urgent.news/2026/09/10/hong-kong-home-prices-headed-for-15-gain-this-year-midland-forecast-6658722",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T23:00:09.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/article/3367086/hong-kong-home-prices-headed-15-gain-year-midland-forecast-says"
  },
  "original_language": "en",
  "account": "Hong Kong's property market is expected to see a 15% increase in home prices this year, according to forecasts from local agency Midland Realty. While this represents a substantial gain, it still falls short of the peak prices reached in 2021, which were 16% higher. Midland executives anticipate this bullish trend will continue, even as the market processes recent uncertainties.\n\nCEO Dave Ma Tai-yeung noted that as new property developments roll out and buyers return to the market, the residential sector is projected to rebound. First-hand residential transactions, which dipped to just over 800 units in June and July, have since rebounded to 1,100 units in August. Second-hand transactions are also stabilising.\n\nLooking ahead, first-hand property sales in the final quarter are forecast to jump by 50% quarter-over-quarter, reaching 5,100 units. Secondary market transactions are expected to rise by 10% to 12,700 units. Ma cites high rents as a factor that will allow property prices to catch up.\n\nBenny Sham, from Midland Research Centre, added that developers will likely offer competitive prices to attract buyers from the secondary market. Historical data suggests that robust new home sales can bolster the broader housing market and prices in the secondary residential property market.\n\nRegarding interest rates, Midland Mortgage Broker Eric Tso Tak-ming stated that even if the US Federal Reserve raises rates, Hong Kong banks may not immediately follow suit. While Hong Kong's monetary policy has been aligned with the US since 1983, commercial banks retain discretion on when and by how much to adjust their prime lending rates. Monetary pegs aside, commercial banks ultimately decide on rate adjustments.\n\nChief Executive John Lee Ka-chiu is scheduled to deliver a policy address next week, potentially lowering the stamp duty threshold for super-luxury homes. Despite an increase in February, demand for super-luxury properties remains robust, with over 80 high-value transactions exceeding HK$100 million (USD 12.8 million) taking place this year. This surpasses the total number from all of the previous year within just eight months, indicating a resilient market even after adjustments to the stamp duty.",
  "summary": "Hong Kong’s home prices will end the year 15 per cent higher than a year earlier, but still 16 per cent below their high-water mark in 2021, according to local property agency Midland Realty. Underpinning the positive forecast, the city’s banks were not likely to follow an increase in US interest rates by the Federal Reserve if one occurred this year, executives from the agency said at a press…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post - Hong Kong",
        "title": "Hong Kong home prices headed for 15% gain this year, Midland forecast says",
        "url": "https://urgent.news/2026/09/10/hong-kong-home-prices-headed-for-15-gain-this-year-midland-forecast",
        "published": "2026-09-10T23:00:09.000Z"
      },
      {
        "outlet": "France 24",
        "title": "Hong Kong court sentences Tiananmen vigil activists to between 5 and 7 years in jail",
        "url": "https://urgent.news/2026/09/11/hong-kong-court-sentences-tiananmen-vigil-activists-to-between-5-and",
        "published": "2026-09-11T01:49:17.000Z"
      },
      {
        "outlet": "BBC News",
        "title": "Hong Kong's Tiananmen activists sentenced to up to seven years in prison",
        "url": "https://urgent.news/2026/09/11/hong-kongs-tiananmen-activists-sentenced-to-up-to-seven-years-in",
        "published": "2026-09-11T02:49:29.000Z"
      },
      {
        "outlet": "Nikkei Asia",
        "title": "Hong Kong Tiananmen vigil organizers sentenced to up to 7 years, 3 months",
        "url": "https://urgent.news/2026/09/11/hong-kong-tiananmen-vigil-organizers-sentenced-to-up-to-7-years-3",
        "published": "2026-09-11T03:41:25.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Hong Kong sentences Tiananmen activists to between 5 and 7 years in jail",
        "url": "https://urgent.news/2026/09/11/hong-kong-sentences-tiananmen-activists-to-between-5-and-7-years-in",
        "published": "2026-09-11T03:50:12.000Z"
      },
      {
        "outlet": "NPR",
        "title": "Hong Kong court sentences 3 Tiananmen vigil organizers to prison",
        "url": "https://urgent.news/2026/09/11/hong-kong-court-sentences-3-tiananmen-vigil-organizers-to-prison",
        "published": "2026-09-11T06:42:04.000Z"
      },
      {
        "outlet": "DW English (Top Stories)",
        "title": "Hong Kong Tiananmen activists sentenced up to 7 years",
        "url": "https://urgent.news/2026/09/11/hong-kong-tiananmen-activists-sentenced-up-to-7-years",
        "published": "2026-09-11T08:40:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Hong Kong sentences Tiananmen activists to between 5 and 7 years in jail",
        "url": "https://urgent.news/2026/09/11/hong-kong-sentences-tiananmen-activists-to-between-5-and-7-years-in-6785191",
        "published": "2026-09-11T17:18:50.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Hong Kong’s Tiananmen activists sentenced to up to seven years in prison",
        "url": "https://urgent.news/2026/09/11/hong-kongs-tiananmen-activists-sentenced-to-up-to-seven-years-in-6793792",
        "published": "2026-09-11T19:13:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}